OPEN-SOURCE SCRIPT
Atualizado

Adaptive Donchian Channel

This is Slight modified version of Donchian channel. Only change here is, channels update only when there is breakout. If price keeps ranging within channel, it will not contract based on new highest and lowest range.

This can be used for identifying powerful breakouts post long consolidation and filter out fakeouts.
Notas de Lançamento
Added option to apply on external source
Notas de Lançamento
Updated to V5

Aviso legal